• Title/Summary/Keyword: Business size

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Forecasting Volatility of Stocks Return: A Smooth Transition Combining Forecasts

  • HO, Jen Sim;CHOO, Wei Chong;LAU, Wei Theng;YEE, Choy Leng;ZHANG, Yuruixian;WAN, Cheong Kin
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.1-13
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    • 2022
  • This paper empirically explores the predicting ability of the newly proposed smooth transition (ST) time-varying combining forecast methods. The proposed method allows the "weight" of combining forecasts to change gradually over time through its unique feature of transition variables. Stock market returns from 7 countries were applied to Ad Hoc models, the well-known Generalized Autoregressive Conditional Heteroskedasticity (GARCH) family models, and the Smooth Transition Exponential Smoothing (STES) models. Of the individual models, GJRGARCH and STES-E&AE emerged as the best models and thereby were chosen for constructing the combined forecast models where a total of nine ST combining methods were developed. The robustness of the ST combining forecasts is also validated by the Diebold-Mariano (DM) test. The post-sample forecasting performance shows that ST combining forecast methods outperformed all the individual models and fixed weight combining models. This study contributes in two ways: 1) the ST combining methods statistically outperformed all the individual forecast methods and the existing traditional combining methods using simple averaging and Bates & Granger method. 2) trading volume as a transition variable in ST methods was superior to other individual models as well as the ST models with single sign or size of past shocks as transition variables.

A Study on the Development of Railway Logistics Business Model and Track Capacity

  • GyuBae KIM;SungWook KANG
    • Journal of Distribution Science
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    • v.21 no.9
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    • pp.93-102
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    • 2023
  • Purpose: This study attempts to analyze the current status of the railway logistics business and to seek ways to improve it by using the business model as an analytical framework. It was intended to reflect practical implications that could be applied to the field, by dealing with issues at the industrial site related to each component in the business model. Research design, data and methodology: This study was conducted through literature review and field research. We analyzed academic papers and industrial reports on the development of the railway logistics industry and interviewed various stakeholders in the railway logistics industry. Results: This study determined the factors that could be eliminated, raised, reduced, or created from the customer and product perspective, infrastructure management perspective, and financial perspective. Conclusions: The growth of existing business can be achieved by lowering service prices, improving service quality, and securing large-scale transportation capacity. The additional transportation of high value goods and cold chain commodities will be promising business opportunities. Existing services can be provided to new customers (large pre-shippers, forwarding customers, etc.) in order to increase the size of sales Urban delivery services and comprehensive logistics services based on complex logistics centers may open an avenue for new market. A more timetable and track capacity need to be assigned to logistics, which significantly improve the flexibility and the competency of railway logistics.

A Dynamic Approach to Understanding Business Performance

  • Kusuma Indawati HALIM
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.1-10
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    • 2024
  • Purpose: This study's objective is to examine the impact of firm-specific and macroeconomic factors on the business performance of non-cyclical and cyclical sectors in Indonesian listed firms. The evaluation of business performance holds paramount importance for the achievement and long-term viability of a company. Research Design Data and Methodology: The data for 61 non-cyclicals sector companies and 57 cyclicals sector companies was gathered over a 4-year period from 2018-2021. The model integrates firm size, leverage, and sales growth as firm-specific factors, with real GDP growth and inflation rate as macroeconomic variables. ROA and ROE are indicators of a firm's business performance. The regression models are estimated using the distribution of a dynamic approach with Arellano-Bond Panel Generalized Method of Moments (GMM) estimation. Results: The results of the pooled sample indicate that the historical ROA and ROE have a positive relationship with the business performance of all sectors, including both non-cyclical and cyclical industries. The ROE of non-cyclical enterprises is primarily influenced by firm-specific characteristics and macroeconomic influences. Conclusion: To ensure the successful implementation of the distribution of a dynamic approach towards enhancing corporate business performance, organizations need to take into account a combination of firm-specific factors and macroeconomic factors.

A Study on the Characteristics and Technical Components of Enterprise Networks in Korea (국내 기업의 통신망 특성 분석 및 기술 요소에 관한 연구)

  • 홍기향;최흥식;전성현
    • The Journal of Information Technology and Database
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    • v.6 no.2
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    • pp.87-100
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    • 1999
  • This paper proposes analyses of characteristics and the technical components of Korean enterprise network. Based on a survey from professionals of Korean companies, we present statistical summaries of building blocks of hardware and software of the networks implemented in Korean companies. We also perform statistical analyses to find the relationships among the technical components and to extract major technical factors that differentiate enterprise networks by the business types and the size of the companies. We conclude that some of the technical factors are closely correlated and some of them are found to differentiate networks by the business types and the size of the companies.

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A Cross-cultural study of Body Image Perceptions between Korean and British University Students

  • Kim, Bu-Yong;Lee, Seunghee
    • Journal of Fashion Business
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    • v.19 no.6
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    • pp.14-27
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    • 2015
  • This study explores the comparison of body image, body satisfaction, and clothing behaviors between Korean and British young women. Body image was measured by two methods: visual and verbal. For the data analysis, the Statistical Package for Social Science (SPSS) Version 16.0 for Windows was used to provide descriptive statistics, an independent sample t-test, and paired sample t- tests were applied in this study. Our results show that Korean and British female college students perceived ideal-body images that were smaller than their self defined body images. The ideal and self-images were significantly different in both groups. Both groups were dissatisfied with their own body size. The study was limited to a small sample size. Future studies using more participants from a more diverse age group and ethnic groups are recommended. The study will help marketers and retailers develop new products and new markets aimed at Korean and British women related to body image and body satisfaction.

Measuring Importance of Online Apparel Stores' Design Attributes Using Three Different Methods

  • Oh, Keunyoung;Lee, MiYoung
    • Journal of Fashion Business
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    • v.19 no.6
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    • pp.127-138
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    • 2015
  • Due to the virtual nature of online businesses, online apparel stores need to enhance the consumer experience by utilizing store design attributes to provide their customers relevant and sufficient information. Since online apparel stores mainly communicate with their customers virtually and digitally, it is important to understand how consumers perceive and react to different design attributes commonly found on apparel stores' online websites. The purpose of this paper is to examine the importance of design attributes commonly found on online apparel stores' websites using three different importance measurements. The design attributes examined in this study include enlarged pictures, product detail pictures, product reviews by other buyers, coordinating items, and size measurement charts. The three different measurements used in this study include two direct measures and one indirect measure using conjoint analysis. Across the three different measures, both the men and women indicated that enlarged pictures represent the most important design attribute when they purchase clothes online followed by size measurement charts and they considered the availability of coordinating items the least important design attribute.

A Study on the Survey for Directions of Development of the Mixed-Use Apartments in Daegu (대구시 주상복합건축물의 개발방향을 위한 의식 조사 연구)

  • 권소현;최무혁
    • Journal of the Korean housing association
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    • v.12 no.4
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    • pp.115-122
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    • 2001
  • The purpose of this research is to analyze the survey of the residential and commercial user consciousness of 4 cases(DB, YM, TP, HG) to propose directions of development of the mixed-use apartments in Daegu. The results of the survey are as follows; 1) The residential users of DG, YM, TP and the commercial users of DG, TP, HG were not satisfied with generally present situation. 2) It showed that the development factors of the satisfaction, the reason of the move, the difficulty to operate the business, the possible use of Mixed-Use Development, the using system of the main entrance, and the reasonable residential size were the statistical significance level(p<0.05). Finally, this study proposes that 4 Cases with the diverse physical and social environment must be different with the approach, and that the reasonable residential space program, size planning for commercial unit, and choices of what kind of business should be discussed before Mixed-Use Development regarding needs of region.

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A User Perspective on Smartphone by Using Conjoint

  • Sayassatov, Dulan;Cho, Namjae
    • Journal of Information Technology Applications and Management
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    • v.23 no.3
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    • pp.49-59
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    • 2016
  • Rapid technological advancements and widespread adoption of smart phones in recent years provide students with new opportunities for getting knowledge and making researches in innovation century. As the penetration of smart phone devices in education increases, there is a large growth in the use of these devices especially among the youth. In spite of increasing importance of smart devices in education, the significant features of these technology devices for general learning have not been experientially addressed. In this study we are going to investigate the comparison of smart phone devices and find the necessary conditions for using mobile devices as an educational tool by a conjoint method. There will be five attributes: screen size, batter type, mobile OS, memory capacity and price. By surveying we got the results which showed us the respondents' desire of using specific smart phone; thus, we defined that screen size attribute is the most important device characteristic.

Comparison of Requirement and Activity of Workers' Health Promotion according to Business Type and Enterprise Size (사업장 업종과 규모에 따른 근로자 건강증진 요구도 및 활동도 비교)

  • Lee, Jinhwa;Lee, Bokim
    • Korean Journal of Occupational Health Nursing
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    • v.27 no.2
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    • pp.131-138
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    • 2018
  • Purpose: The purpose of this study was to examine the differences in requirement and activity related to workers' health promotion according to business type and enterprise size. Methods: This study is a secondary analysis of data extracted from a survey on the Enterprise Health Promotion Index. For the present analysis, 7,784 companies were selected. Results: Requirements for lifestyle management and activities to prevent musculoskeletal disorders were the highest. The requirement and activity of musculoskeletal disorders and cerebrovascular disease were high in the manufacturing industry. Meanwhile, in the non-manufacturing industry, the requirement and activity of job stress management were high. Small-sized companies had a high requirement to prevent musculoskeletal disorders and cerebrovascular disease. Conclusion: Government support should be strengthened in workers' lifestyle management. Additionally, workers' health promotion in small-sized companies needs to focus on preventing musculoskeletal disorders and cerebrovascular disease.

Synthesis and Optically Characterization of CdSe Nanocrystal (CdSe 나노입자의 합성과 광학 특징)

  • Kim, Chanyoung;Kim, Sunghyun;Jung, Daehyuk
    • Journal of Integrative Natural Science
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    • v.1 no.3
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    • pp.250-253
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    • 2008
  • New issues arise as to surface characterization, quantification and interface formation. Surface and interface control of CdSe nanocrystal systems, one of the most studied and useful nanostructures. Semiconductor quantum dots (QDs) have been the subject of much interest for both fundamental reseach and technical applications in recent years, due mainly to their strong size dependent properties and excellent chemical processibility. In this dissertation, the synthesis of CdSe quantum dots were synthesized by pyrolysis of high-temperature organometallic reagents. In order to modify the size and quality of quantum dots, we controlled the growth temperature and the relative amount of precursors to be injected into the coordinating solvent. Moreover, an effective surface passivation of monodisperse nanocrystals was achieved by overcoating them with a higher-band-gap material. Synthesized CdSe quantum dots were studied to evaluate the optical, electronic and structural properties using UV-absorption, and photoluminescence measurement.

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